Goldco Metals Review 2024
Welcome to your ultimate resource for navigating the world of precious metals investing with Goldco.
In this comprehensive guide, we’ll delve deep into the intricacies of Gold IRAs, explore the benefits of precious metals investing, and showcase why Goldco stands as a beacon of excellence in the industry.
Understanding Precious Metals Investing
- Exploring the fundamentals of precious metals investing
- The historical significance of gold and silver as stores of value
- Diversification benefits of including precious metals in your investment portfolio
- Economic factors influencing the price of gold, silver, and other precious metals
Who is Goldco?
Goldco offers you a robust way to diversity your wealth.
Goldco and its precious metals specialists go the extra mile to make sure that both existing and potential customers receive all the information needed to make an informed decision, which is why this gold IRA company is the one offering the best customer support of all the options on this list.
No other gold IRA company on this list goes to such great lengths to present investment information in an objective and organized way to gain the full confidence of the customer.
Goldco was founded in 2006 and it stands out in a variety of ways, but providing exceptional customer support is one of the ways it has built a reputation for itself.
What you should know about Goldco
Goldco is a precious metals investment company formed fifteen years ago by Trevor Gerszt. Goldco has also specialized in precious metal brokerage.
Goldco helps investors to establish self-directed IRA accounts according to guidelines provided by the IRS.
Goldco aims to provide its customers with a risk-averse approach for precious metals investment. Goldco deals in precious metals, in form of bouillon, bars, and coins.
The investor directly owns the precious metals, instead of being managed in an IRA account.
Services Offered By Goldco
✅ Provision of Gold & Silver IRAs
✅ Professional Assistance For 401(k) Rollover
✅ Provision of Self Storage Gold IRAs to investors
✅ Selling Non-IRA precious metals and bullion coins and bars
✅ Buying back gold and silver bullion, coins, and bars purchased through their services
Worthy to note, Goldco offers fair market rates for gold and silver buybacks and utmost honesty and transparency for the rates offered.
The Two Main Categories Of Goldco’s Services
Self-Directed Precious Metal IRAs
Direct Purchases of Precious Metals in bullion, coins, and bars
Goldco’s Precious Metal IRAs
Any individual with 70.5 years or less can qualify to buy a traditional precious metal IRA. Usually, a precious metal IRA can include gold, or silver, or a mix of the two metals.
As professionals, Goldco guides its customers to buy the option that best fits their investment profiles. Additionally, Goldco’s services follow all the guidelines and regulations from the IRS.
You do not need to worry much about the safety of your physical assets; Goldco has partnered with third-party custodial companies to hoard customers’ precious metals in ultra-modern vaults in strategic locations all over the country.
Goldco’s ideal custodial company for precious metals is Equity Trust Company. However, Goldco has partnered with several other custodial companies if you are looking for variety.
Apart from providing very competitive market rates for the buyback of precious assets, Goldco has a very transparent policy towards their rates for buyback transactions.
At the same time, their customers do not have to sell back their precious metals to Goldco, even when nearing retirement.
Direct Purchases For Gold, Silver, And Others
There are no restrictions around the direct purchase of gold or silver. Any willing investor can directly purchase gold/silver or other collectible commodities within Goldco’s product stock.
Direct purchase customers may choose to either store their precious metals in a safe and secure vault or directly take possession of assets, whichever they may prefer.
Does Goldco Offer Cryptocurrency IRAs?
Goldco does not directly provide cryptocurrency IRAs. However, they will gladly recommend their sister company, CoinIRA, which has different investment options for investors attracted to digital currencies.
What Are Goldco’s Fees?
According to Goldco, their fee structures make it possible for most customers to spend the least amount of fees possible. Their fees are “as low as possible” but can rise depending on the transaction.
Fees For Goldco’s Precious Metal IRA
✅ The one-time IRA account set-up fee of $50
✅ Fee for Wire Fee is $30
✅ All Fees Waived on 401(k) and IRA Rollovers
The amount for the Annual Fees is:
✅ The storage fee is $100 if you opt for non-segregated, and $150 for segregated storage.
✅ A maintenance fee of $100
The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee.
Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage.
Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian).
Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually.
Goldco does not charge any storage fees for cash transactions over $25,000.
Which Investor Is Best Suited For Goldco?
Goldco is a good investment and precious metal company for investors who:
✅ Are looking for opportunities to diversify their asset portfolio by buying precious metal assets. Additionally, a self-directed IRA is the best way forward for investors looking to retain total control of their investment portfolio. Goldco is committed to helping investors to set up self-driven precious metals IRAs.
✅ Are looking to hold their wealth in physical assets. Unfortunately for many, US dollar investments or purchases of stocks can fail; however, precious metals have resisted hundreds of years of market fluctuations and registered consistent returns.
✅ Want to safeguard their savings in case of a financial crisis. The biggest financial crisis in the history of the United States may be around the corner like many experts aver. Coupled with a currency whose value is dropping, the financial implication can be catastrophic.
Goldco always ensures its customers are well-versed on the entire process and the end benefits of investing in gold and silver IRAs before signing off on anything.
Goldco’s commitment to customer confidence makes the company an ideal dealer for new and old precious metals investors.
With Goldco, many investors experience the importance and security of working with industry professionals with decades of experience.
Goldco’s agents and staff are easy-going and seek simple language when explaining complex industrial jargon to customers.
The company’s seamless processes and employee eagerness to help has Goldco’s universally accepted by new and experienced investors.
Compared to the stocks and bonds market, it is much easier for investors to master gold and silver IRAs. It is precisely why gold and silver IRAs have become popular among non-expert investors.
Goldco helps investors purchase precious metals assets to grow their existing accounts and offers buyback options to its customers.
Why Put Gold in Your IRA?
Individual Retirement Accounts (IRA) protect your retirement as well as your family’s financial security.
These special accounts allow you to set aside tax protected savings that you can use in the future.
With these long term accounts it’s important to allocate a significant portion to assets that are solid and reliable, so you have a secure retirement.
You can have cash in an IRA, but that is devaluing at a rapid pace and inflation is out of control.
You need an asset that’s dependable, retains it’s value, and even increases in value over time, and there is no better asset for this than gold.
With the world’s economy struggling through lockdowns, shortages, wars, and inflation, uncertainty has never been higher and investors are protecting themselves by placing physical gold in IRA’s.
A gold IRA investment prospers from these crisis that negatively affect most other assets.
Risk is knowing the economic dangers and doing nothing to protect yourself and your family.
Safety is knowing the economic dangers and taking action to protect your financial future, and this easy to do in a gold IRA with Goldco.
What Features Make Goldco Exceptional?
Goldco’s main priority is to make the process of setting up a self-directed IRA and purchase precious metals straightforward for all levels of investors.
✅ Ease Of Communication With Customers
Customers can reach out to Goldco’s agents anytime through the phone and email to get assistance, clarification, or answers to pressing questions, even after the sale is complete.
Goldco’s agents will take care of the paperwork for the process, including filling out the required details to eliminate the chance of an error.
✅ Goldco’s Education Opportunities
Apart from their excellent customer service, Goldco provides many opportunities to educate potential investors on various investment facets.
On their website, you will find videos, research reports, and blog posts containing information on precious metals investing and the economic outlook.
Golco’s is committed to growing an informed customer base, capable of making investment decisions that align with their long-term goals.
Aside from metal IRAs and precious metal investments, there is a range of other topics covered on Goldco’s blog.
Goldco’s experts are responsible for the educational information posted on Goldco’s blog, with covered topics including financial knowledge on recessions and debt burdens.
✅ IRA Specialists Are Always Accessible
One of the most notable qualities of Goldco is that its IRA specialists are always accessible to customers. Each of Goldco’s customers is allocated to an expert agent for professional guidance from the start of the process until the end.
Goldco’s specialists are not limited to a subject matter only, but also answers any of customer questions, explains the entire process to customers, and make necessary clarifications.
Please also note, the main goal for Goldcos salespeople is not to close a sale but ensure customers are well-informed and confident of their decisions.
Goldco’s Agents Support You During Every Stage
None of the Goldco’s committed must complete any process alone without expert help. Expert guidance not only makes the process more efficient but also saves customers their time and money, giving them the required investment confidence.
Goldco’s expertise is premised on the appreciation that everyday customers often lack the knowledge of how investments and IRAs work.
The best way forward is that customers are treated honestly and their needs addressed as they are. Fortunately, Goldco’s agents will not look down on their customers, but seek to inform and educate them as much as possible.
Goldco’s view and experience are customers value professional integrity and are more relaxed making investment decisions when they can trust the investment company.
The main goal for IRA specialists is to provide information without feeling arrogant or the need to rely on heavy industry language to pass a point.
Professional guidance is key for customers who see no immediate need to master the precious metals industry and become major investment experts. That way, customers are confident of Goldco’s guidance they receive to invest in precious metals.
What To Know About IRA Rollover Services
Another key professional assistance rendered by Goldco is the rollover of current IRA accounts. Rollover of current IRA accounts is an important service for investors who want to convert intangible assets into tangible assets.
Without professional input, the rollover of IRA accounts can be confusing and complicated for many potential investors.
✅ Goldco offers 100% FREE IRA Rollover services.
✅ Goldco’s Storage Options
The IRA has established rigorous legal policies for investment in precious metals, such as delegating precious metals storage services to third-party custodian companies.
Goldco has formed a partnership with leading depositories that rely on advanced security technology in all their storage facilities all over the country.
Upon sign-off, Goldco will instantly place your precious metals in Delaware Depository. However, you can always decide to put them in your preferred depository should you so wish.
The best part of the Delaware depository is its long work experience spanning over 200 years. Additionally, it uses Class 3 vaults to provide extra security.
What are the Available Tools for Investors?
You can always learn more to enable you to make informed investment decisions, and Goldco’s website has the right resources to get you started.
Simply click on the “Request a Free Kit” button on the top part of the webpage. You will find different sections to start reading and preparation for your retirement.
On another page on our website, you will find the current prices for precious metals clearly shown. You can also visit this page to help you stay up to date on the price growth, and further decide when to enter the market.
Additionally, the price information will assist you to determine whether your investment are growing or not, based on price increase from when you invested till now.
Request a Free Kit
There is additional website information contained in eBooks, videos, and a FAQs section to provide more facts and data and help investors make the best decisions for precious metals investments.
Examples of eBooks are “How to Buy Gold and Silver”, “10 Reasons You Should Start a Gold IRA” and “10 IRA & 401k Mistakes You are Making.”
Educational videos include “How to Open a Gold IRA”, “Why Buy Gold”, “Stock Market Crashes”, “5 Reasons to Roll Over Your IRA to Gold” and “Can You Trust Mega Banks?”
Conclusion
After exhaustive research, Goldco has earned one of our top recommendations for investors.
We have given Goldco an outstanding rating of 4.9 out of 5 stars because it is difficult to fault their services or professional attitude.
Its 15 years long work experience greatly endears the company’s services to many types of investors.
Trust Link, Consumer Affairs, TrustPilot, and Google Reviews strongly acclaim Goldco’s professional services.
Additionally, Goldco has exceptionally good ratings from the Better Business Bureau and the Business Consumer Alliance. Chuck Norris has endorsed Goldco in the past.
Goldco’s whole business operations seek to enhance customer experience. The founder envisioned a company that enabled investors to set up gold and silver IRAs, buy physical assets, and self-direct their portfolios.
Goldco has achieved this dream by taking a keen interest in offering quality customer services, extremely relevant education resources, and a well-trained team of industry professionals.
Goldco’s commitment to its customers is unwavering and views customers like part of a family. This mentality has laid the groundwork for positive reviews and a growing list of return customers.
Most importantly, Goldco has made a name as a trustworthy broker and well-recognized company for precious metal investment, and that is why they are one of our top recommendations.
Dedicated “Learning Center” available on company website
No high pressure sales tactics
A+ Better Business Bureau, AAA rating from Business Consumer Alliance
Low Annual Fees
Transparency on the prices and your investment choices
Best Gold & Silver Deals in the Industry
❌ Minimum investment amount of $25,000 is applicable
We hope that you found this in-depth Goldco review helpful. It’s one of the most reputable gold IRA companies out there, which is one of the important reasons we recommend this company.
If you are a retiree and want to diversify your post-retirement income and have a minimum of $25,000 Goldco is the best place to invest.
The company offers extensive learning resources to help you as an investor to understand the economy and the precious metals market.
Moreover, setting up your gold and silver IRA account with Goldco is easy. This is mainly because the company takes care of most of the stuff for you. You just have to follow along with their agent.
If you are still unsure, explore about Goldco’s services and products with their free information packet by clicking the link below.